The Carbon Capture Industry: $4B Market Growing to $100B by 2040

Carbon capture and storage (CCS) market at $4B, projected to reach $100B by 2040. Direct air capture (DAC) companies (Climeworks, Carbon Engineering) removing CO2 directly from atmosphere. Point-source capture at industrial facilities (cement, steel) more mature. Cost declining: DAC from $600/ton to projected $100-200/ton by 2035. Government incentives: US 45Q tax credit ($85/ton for point source, $180/ton for DAC). Challenge: current capture capacity is 0.01% of annual emissions. Scaling requires massive infrastructure investment.